Rise48 Equity Social Media Posts of the Week
This past week, Rise48 Equity hosted a Holiday Toy Drive in partnership with The Foster Alliance, the largest provider of essential needs for children in Foster Care in Arizona.
For a full look at Rise48 Equity’s weekly social media activity, check out the posts below.
We purchased Rise at the Retreat, 197 units in Phoenix, AZ, in October of 2021.
We’ve completed a brand new 3-tone exterior paint scheme, completely renovated the leasing office, added a brand new dog park, upgraded the pool deck, added brand new pool furniture, and added new marketing banners to appeal to prospective residents.
In addition to interior upgrades, we have completely renovated 141 interior units to our platinum level finish and have been achieving an average rent increase of $389 per unit. We’re exceeding our pro forma rents by an average of $11 per unit across these 141 renovated units and are drastically exceeding our expectations on this property. This is $11 per unit over pro forma net of organic rent growth assumptions even as organic rent growth has decelerated the past 12 months.
To watch the full Rise at the Retreat Property update video, click the link below: https://hubs.li/Q02cw8jJ0
To learn more about achieving passive cash-flow through Rise48 Equity’s Multifamily Investments, schedule a brief call with us:
#MultifamilyInvesting #PhoenixRealEstate #MultifamilyRealEstate
“An Australia-based business services firm – Acquire BPO – has opened a new U.S. headquarters in Irving.
The company plans to hire 130 workers to staff the new office at 3660 Regent Boulevard, south of LBJ Freeway. The office will also house a call center.” (Dallas Morning News)
To read the full Dallas Morning News article click the link below: https://hubs.li/Q02cG5bZ0
To learn more about Rise48 Equity multifamily investments, schedule a call with us: https://hubs.li/Q02cGttY0
#DFW #DallasRealEstate #DallasMultifamily #MultifamilyInvesting
About Rise48 Equity:
Rise48 Equity is a Multifamily Investment Group with local offices in Dallas, TX and Phoenix, AZ. “At Rise48 Equity, we provide opportunities for accredited and non-accredited investors to protect and grow their wealth and achieve passive cash-flow. Our team brings expertise to acquire, reposition and return capital to investors upon reaching our business plan. Through our research and strategically formed partnerships, we acquire commercial multifamily apartment properties, strategically add value to the properties, and create passive income for our investors through cash-flow and profits from sale.”
Since 2019, Rise48 Equity has completed over $2.09 Billion+ in total transactions, and currently has $1.65 Billion+ of Assets Under Management located in Phoenix and Dallas. All of the company’s assets under management are managed by Rise48 Equity’s vertically integrated property management company, Rise48 Communities.